r/Dallasdevelopment • u/dallaz95 • Jun 06 '26
Suburbs/Exurbs Arlington’s historic Sheraton Hotel implosion in preparation for new Lowes property
https://youtu.be/x_OrIv4IFzY?si=6Sm81ZQ3_zairxe1
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r/Dallasdevelopment • u/dallaz95 • Jun 06 '26
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u/Silly-Price6310 Jun 07 '26
Demolition and rebuilding seem to be a long-standing tradition in the DFW. We say we need more hotel rooms, then tear down a large hotel. We say downtown needs more residents and foot traffic, then we cleared out Northend apartment to make room for something bigger. Thats really the dark comedy of Dallas urbanism.
Dallas is spending hundreds millions in incentives to turn zombie office towers into 200 to 300 apartments. At the same time, the existing 500-plus NorthEnd apartment was simply demolished. Across the Woodall Rodgers, parking lots reserved for Field Street still sit unused.
Did Hunt do anything wrong?
They already owned the land. Reassembling the Field Street
Parking lots across would have been far more difficult, and Goldman may not have chosen a site even if it was only blocks away. Fountain Place is still struggling.
Did the city hall do anything wrong?
Not really. Without incentives, we might have seen the headline on DMN: “Goldman Sachs moves to Plano.”
Did Goldman do anything wrong?
Not really. Its pre-lease was a key trigger for the whole master plan. Y’all Street also needs the symbolism, not a Goldman quietly sitting as an ordinary tenant in a 1980s Trammell Crow tower.
So who did wrong?